1661 Elmview Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | Listed by Segue Real Estate Group | $1,250,000 | |
| Listed by Segue Real Estate Group | |||
| | |||
|
Remarkable opportunity to acquire two lots situated on ±1.00 acre combined near the popular Spring Branch area. These tracts are ideal for residential use or for redevelopment, there are two structures on the property, a ±776 SF office/residence, and a ±4,080 SF warehouse. Great location with easy access to Beltway 8 & I-10.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017